TIDMAOF 
 
21 December 2010 
 
            Africa Opportunity Fund Limited ("AOF" or "the Company") 
 
                            Announcement of Dividend 
 
 
 
Africa Opportunity Fund Limited is pleased to announce that a quarterly dividend 
of US$0.0018 per share will be paid on 11 January 2011. The shares will be 
marked ex-dividend on 29 December 2010 and the record date will be 31 December 
2010. This is the fourth instalment of an aggregate annual dividend of an amount 
equal to the product of Net Asset Value on 31 December 2009 multiplied by the 
one year LIBOR rate (as derived from Bloomberg) on the 4 January 2010. This is 
payable in four equal quarterly instalments of which this is the final payment. 
 
For further information please contact: 
 
Africa Opportunity Fund Limited 
 
Francis Daniels Tel: +2711 684 1528 
 
Grant Thornton Corporate Finance 
 
(Nominated Adviser) 
 
Philip Secrett Tel: +44 207 383 5100 
 
LCF Edmond de Rothschild Securities Limited (Nominated Broker) 
 
Claire Heathfield/Hiroshi Funaki Tel: +44 020 7845 5960 
 
 
 
 
 
 
 
 
This announcement is distributed by Thomson Reuters on behalf of 
Thomson Reuters clients. The owner of this announcement warrants that: 
(i) the releases contained herein are protected by copyright and 
    other applicable laws; and 
(ii) they are solely responsible for the content, accuracy and 
     originality of the information contained therein. 
 
Source: Africa Opportunity Fund Ltd via Thomson Reuters ONE 
 
[HUG#1474381] 
 

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